1, through bank loans. Usually, it is necessary to repay the loan in advance, and then mortgage it in other banks after paying off the remaining loan of this property. However, in some banks, mortgage houses can be directly mortgaged. Banks have different requirements for the second loan of mortgage houses. I suggest you consult your local bank outlets in detail.

2. Loans through guarantee companies. There is no need to prepay, but the loan amount generally cannot exceed the residual value of the mortgaged property.

It should be noted that not all properties can be mortgaged twice. The second mortgage of real estate is usually restricted by certain conditions. The conditions are as follows: the house used for the second mortgage of individual housing must be an existing house, and the house should be a high-quality house or a commercial house with great market development potential. If the property has no high economic value, it is usually impossible to apply for a loan smoothly. In other words, usually only houses with superior location, convenient transportation, complete facilities and great appreciation potential can apply for a second mortgage.

In addition, the amount of the second mortgage of the property will not be very high. Generally speaking, loan amount = house value * mortgage rate-original loan principal balance.

This answer is provided by Kangbo Finance, focusing on the interpretation of financial hot events, the popularization of financial knowledge, the pursuit of professionalism and interest, so that the financial content that the people can understand can convey financial value in vivid and diverse ways. I hope this answer is helpful to you.